LPL Financial’s New Private Wealth Unit Signs Its First Team, With Merrill Recruits

A Merrill Lynch financial advisor team has become the first to join LPL Financial’s Private Wealth Management unit since its launch in November, LPL said Tuesday.

Based in Oklahoma City, the team oversaw about $705 million in assets at Merrill Lynch and is led by financial advisors Alain Verhille and James S. Wood, according to LPL. It also includes Erikka Moore and Kathy Isernhagen, who have the Certified Senior Advisor credential for professionals working with older adults. They are calling their practice Auctus Legacy Private Wealth.